Long

Macro still looks Bullish on Matic

Zaktualizowano
Simple for the smooth brainers.
Showing key support around descending triangle with bullish divergence.
.618 retrace after third impulse wave.
Oversold
Momentum in bears favor, waiting for reversal.
1.618 target.
Zlecenie aktywne
Update: Support is holding. Looking for a close at or above 1.35 on the daily candle. RSI seems to be switching direction from oversold. Next two-three days looking to break out of the descending triangle. Of course, stay vigilant on Bitcoin and traditional marrkets as they could invalidate the setup.
Transakcja zakończona: osiągnięto poziom stop
closed by china fud.
Bitcoin (Cryptocurrency)Chart PatternsEthereum (Cryptocurrency)maticTrend AnalysisWave Analysis

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